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Jul 29, 2011
07/11
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jon karl is back. >> here we are. we are going to try to see if the five of you in an hour's time can come up with a solution somehow washington seems utterly incapable of coming up with. >> reporter: with that, we got to work. five americans, views ranging from tea party to liberal democrat. could they agree on cuts tallying up to $3 million? that would be enough to reach a deal and break a stalemate. >> one of the proposals out there is to eliminate the memo mortgage deductions. it would be $1 trillion. >> i think it's not a good idea. for many americans that's the only deduction they have. >> i think we shouldn't be doing anything to disincentivize people from buying houses right now. >> how about raising taxes on the wealthy? elelinate the taxes on people making $250,000. you like ha? >> yes. the problem with this is, you're hitting small businesses. >> it's not just small businesses, it's two professional people earning a dual income. it's not going to hurt the economy. >> this will stop investments. >> that's un
jon karl is back. >> here we are. we are going to try to see if the five of you in an hour's time can come up with a solution somehow washington seems utterly incapable of coming up with. >> reporter: with that, we got to work. five americans, views ranging from tea party to liberal democrat. could they agree on cuts tallying up to $3 million? that would be enough to reach a deal and break a stalemate. >> one of the proposals out there is to eliminate the memo mortgage...
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Jul 14, 2011
07/11
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here's abc's jon karl. >> reporter: we took a journey to the heart of the u.s. mint in philadelphia. down long corridors, into oversized elevators and through doors, lots of doors, for a lesson on how to lose money while making money. it sounds a little like vegas around here, except the coins never stop coming. this is the presidential dollar coin. they're making them to honor every dead president, but nobody seems to want them. not even the one for rutherford b. hayes. rutherford b. hayes, hot off the press. literally, these coins are still warm. made of manganese brass, they coco 32 cents a pop to make. the mint can make 1.8 million a day. do the math. that's nearly $600,000 a day. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the way up and down this aisle. several aisle of them, millions and millions of dollars in presidential coins. and some are in boxes.
here's abc's jon karl. >> reporter: we took a journey to the heart of the u.s. mint in philadelphia. down long corridors, into oversized elevators and through doors, lots of doors, for a lesson on how to lose money while making money. it sounds a little like vegas around here, except the coins never stop coming. this is the presidential dollar coin. they're making them to honor every dead president, but nobody seems to want them. not even the one for rutherford b. hayes. rutherford b....
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Jul 26, 2011
07/11
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i agree with jon, though. it is important for every american to get involved, because the way -- with the situation we're in right now, only the most energized get involved and that doesn't necessarily create a conducive situation for compromise and for both parties trying to find common ground. >> so, whichever way you feel, call your congressman and your senator? >> reporter: before you do that, put yourself in the shoes and the heart and the mind of the person you disagree with most and then see if you can find the common ground. >> again, our conversation today totoo along with yours, as the clock ticks down. >>> and now, we tell you about a new terror alert, today, for americans heading overseas in this, the peak of the summer travel season. the alert warns of a heightened security risk and types it back to that raid that killed osama bin laden. abc's justice department expert pierre thomas has been talking to his intelligence sources. >> reporter: al qaeda's vow of reverge for osama bin laden's killing i
i agree with jon, though. it is important for every american to get involved, because the way -- with the situation we're in right now, only the most energized get involved and that doesn't necessarily create a conducive situation for compromise and for both parties trying to find common ground. >> so, whichever way you feel, call your congressman and your senator? >> reporter: before you do that, put yourself in the shoes and the heart and the mind of the person you disagree with...
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Jul 28, 2011
07/11
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abc's jon karl is on capitol hill with that. jon? >> reporter: diane, there is some real drama going on right now here in the house. they were supposed to be voting on john boehner's deabt ceiling bill. that is delayed. john boehner's office is right down there, and he is down there trying to get the votes he needs to pasasthis bill. he's not there yet. this is the bill that could increase the debt ceiling by about $900 billion, only about six months worth. democrats don't like that, because it would force the president to come back and go through this all over again. but what boehner is finding is that a lot of those tea party republicans don't want to vote for this. he has put his speakership on the line, saying that he cannot lead if they don't support him. so, the question now is, diane, will he get the votes to pass the republican plan? >> can he get his republicans in line? jon karl, standing by, watching it all. and, of course, while they battle it out on the hill, on capitol hill, there is a secret scramble behind the scenes
abc's jon karl is on capitol hill with that. jon? >> reporter: diane, there is some real drama going on right now here in the house. they were supposed to be voting on john boehner's deabt ceiling bill. that is delayed. john boehner's office is right down there, and he is down there trying to get the votes he needs to pasasthis bill. he's not there yet. this is the bill that could increase the debt ceiling by about $900 billion, only about six months worth. democrats don't like that,...
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Jul 19, 2011
07/11
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so, abc's jon karl took your messages straight to the lawmakers in the middle of the mess. jon? >> reporter: yes,, diane. we have -- we went and talked to members of congress i i botot chambers, gave their reaction to what we're hearing in terms of the anger coming from the american people. a grup of freshmen house republicans descended on the white house today demanding the president come up with a plan to deal with the debt. >> don't keep shirking your responsibility. >> what is your written plan? >> reporter: but across the country, voters are telling washington they're disgusted with all sides. >> they need to get off the dime. >> we've had enough. >> get it done. >> reporter: we went around capitol hill to put your concerns directly to those in power. starting with democratic senator mark warner of virginia. senator, this is peggy from richmond, virginia. >> if we're really not careful, we're going to end up with a depression that is far worse than the one that our parents and our grandparents lived through. >> reporter: can you say anything that will reassure her about thi
so, abc's jon karl took your messages straight to the lawmakers in the middle of the mess. jon? >> reporter: yes,, diane. we have -- we went and talked to members of congress i i botot chambers, gave their reaction to what we're hearing in terms of the anger coming from the american people. a grup of freshmen house republicans descended on the white house today demanding the president come up with a plan to deal with the debt. >> don't keep shirking your responsibility. >>...
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Jul 20, 2011
07/11
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abc's jon karl has the doctor's not tonight and more on the controversy. jon? >> reporter: good evening, david. well, here is the doctor's note that michele bachmann has released today. it comes from the in-house doctor here in congress and it gives her a clean bill of health. the letter from the top doctor in congress says bachmann has had extensive evaluations. your migraines occur frequently. when you do have one, you are able to control it well. the issue was first raised monday be the daily caller website, which quoted anonymous sources saying bachmann suffers from incapacitating headaches. today, she was still facing questions. >> we released a statement on the issue. and as commander in chief, i'm going to make sure that we get our fiscal house in order. >> reporter: bachmann acknowledges occasional migraines. her campaign points out her packed schedule hasn't been affected a bit. but today, tim pawlenty, the republican candidate most threatened by bachmann's rise, pounced on the report. >> going to be president of the united states, you have to be able
abc's jon karl has the doctor's not tonight and more on the controversy. jon? >> reporter: good evening, david. well, here is the doctor's note that michele bachmann has released today. it comes from the in-house doctor here in congress and it gives her a clean bill of health. the letter from the top doctor in congress says bachmann has had extensive evaluations. your migraines occur frequently. when you do have one, you are able to control it well. the issue was first raised monday be...
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Jul 15, 2011
07/11
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jon karl finds hundreds of millions of taxpayer dollars wasted. >>> lesson from thetape. a little boy disappears. his first time walking home from camp. a new insight for parents about when a child shohod be out alone. >>> healthy living. a big change in what your doctor should be doing for you. dr. richard besser on the secrets of getting the health care you deserve. >>> and, watch out, world. the american girls who took the prize at the biggest, toughest science competition in the world. >>> good evening. for the fifth time this week, republicans and democrats were squabbling and arguing about what to do, as the clock keeps ticking down. the august 2nd deadline, when america will default on paying its debts to the world, which would cause a body blow to the american economy. the president said today he knows that people are stressed out by that ticking clock, and across the country, we heard it. so many people saying, this is exactly the reason they're frustrated with the way washington works. and abc's jim avila starts us off. jim? >> reporter: diane, wall street is ne
jon karl finds hundreds of millions of taxpayer dollars wasted. >>> lesson from thetape. a little boy disappears. his first time walking home from camp. a new insight for parents about when a child shohod be out alone. >>> healthy living. a big change in what your doctor should be doing for you. dr. richard besser on the secrets of getting the health care you deserve. >>> and, watch out, world. the american girls who took the prize at the biggest, toughest science...
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Jul 16, 2011
07/11
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being drawn, the bottom line right now, diane, is that no plan has the votes to pass. >> thank you, jon karl, again, reporting in from washington. and keep sending us your messages for washington on abcnews.com. we're reading them. >>> new questions now about airline safety, because of an accident that happened before the planes ever left the ground. federal investigators want to know why two jets loaded with passengers and fuel collided at boston's logan airport last night. abc's lisa stark covers aviation for us. >> reporter: the impact was forceful enough to tear apart the wing of the delta 767 and mangle the tail of the smaller regional jet. passengers felt the jolt. >> i was woken up by just a god awful crash. >> reporter: this, just three months after a frighteningly similar incident at new york's jfk airport, where the wing of a giant airbus a-380 clipped the tail of a regional jet. >> roll the emergency trucks to mike. we've been hit by air france. >> reporter: in last night's accidents both planes, loaded with nearly 300 passengers and 27,000 gallons of jet fuel, were heading f
being drawn, the bottom line right now, diane, is that no plan has the votes to pass. >> thank you, jon karl, again, reporting in from washington. and keep sending us your messages for washington on abcnews.com. we're reading them. >>> new questions now about airline safety, because of an accident that happened before the planes ever left the ground. federal investigators want to know why two jets loaded with passengers and fuel collided at boston's logan airport last night....